NSE Nifty Technical Analysis

This is an end of chart of NSE Nifty updated on a daily basis with values as of previous trading day. The daily price movement of nifty is overlaid with 20 days and 50 days Weighted Moving Average (WMA).

How to interpret:

When the moving average of shorter term cuts the moving average of longer term from below, it indicates the start of a bull phase. Similarly when the shorter term moving average cuts the longer term moving average from above, it denotes the start of a bear phase.

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